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Merriman Curhan Ford & Co. Hires Scott Cacchione as Managing Director and Head of the Client Services Group; With over 18 Years of Experience, Cacchione Will Focus on Deal Sourcing and Introducing Clients to the Resources of the Firm

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 12, 2006--Merriman Curhan Ford & Co., a securities broker-dealer and investment bank, and subsidiary of MCF Corporation (AMEX:MEM), today announced that it has hired Scott Cacchione, formerly the president of The Shemano Group, as managing director and head of the newly formed client services group.

"Scott is a superb business generator who knows both how to manage long-term relationships and source transactions," said Jon Merriman, chief executive officer of Merriman Curhan Ford & Co. "As the firm grows, we look to people of Scott's capabilities and depth of business contacts to monetize the infrastructure we've built over the past four years. I have known Scott for many years and he is uniquely suited to help us attract a greater share of clients and increase revenue per employee. He will integrate nicely into our management team."

"The prospect of leading the client services group and being a hub between a broad set of clients and the firm's multiple top-notch resources was very appealing to me," said Cacchione. "The entrepreneurial, yet team-oriented culture of the firm is unlike any investment bank I've been associated with. I look forward to working closely with all of the teams here and doing my part to expand the firm's reach with corporate clients and investors."

Cacchione was most recently president at The Shemano Group, where he specialized in sourcing investment banking opportunities, managing client assets and building the overall organization. Prior to joining The Shemano Group, he was a senior vice president at Wells Fargo Securities. He also was a managing director and senior advisor to that firm's Corporate Executive Services Group. Cacchione holds a BA in Economics from Arizona State University and attended executive sessions at the Wharton School of Business, University of Santa Clara and Babson College.

Cacchione received a comprehensive compensation package which included a stock option grant to purchase 200,000 shares of common stock. This stock option grant was made from MCF Corporation's non-qualified option plan and vests over a four-year period.

About Merriman Curhan Ford & Co. and MCF Corporation

Merriman Curhan Ford & Co. is a securities broker-dealer and investment bank focused on fast-growing companies and growth-oriented institutional investors. It provides investment research, brokerage and trading services primarily to institutions, as well as advisory and investment banking services to corporate clients. Its mission is to become a leader in the researching, advising, financing and trading of fast-growing companies. Merriman Curhan Ford & Co. is registered with the Securities and Exchange Commission as a broker-dealer and is a member of the National Association of Securities Dealers, Inc. and SIPC.

MCF Corporation (AMEX:MEM) is a financial services holding company that provides investment research, capital markets services, asset management, wealth management, corporate and venture services, and investment banking through its operating subsidiaries, Merriman Curhan Ford & Co., MCF Asset Management, LLC, and MCF Wealth Management, LLC. MCF Asset Management, LLC and MCF Wealth Management, LLC are two recently formed businesses that are predicated on fee-based, recurring revenue models.

Note to Investors

This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Quarterly Report on Form 10-Q filed on November 10, 2005. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

    CONTACT: Mandelbaum Partners
             Michael Mandelbaum, 310-785-0810

    SOURCE: Merriman Curhan Ford & Co.